Toyota Remains R&D Patent Leader Among Automakers
Toyota was awarded the most patents among automakers in 2020, securing a total of 2,819 patents, a 4% increase from 2019. This achievement underscores Toyota's commitment to innovation as it transitions into a mobility company. Since 2003, the company has received over 1,400 patents related to autonomous vehicle technology, with more than $1 million invested in emerging technology every hour globally. Over $1 billion has been allocated to R&D for automated vehicles and robotics since 2017, highlighting Toyota's robust research and development pipeline.
- Awarded 2,819 patents, a 4% increase from 2019.
- Leading patent portfolio strengthens market position.
- Investing over $1 million per hour in emerging technology.
- Over $1 billion invested in R&D for automated vehicles and robotics since 2017.
- None.
ANN ARBOR, Mich., Feb. 4, 2021 /PRNewswire/ -- The United States Patent and Trademark Office awarded Toyota more patents than any other automaker in 2020, according to an annual ranking by the Intellectual Property Owners Association (IPO). Toyota's engineers and scientists were granted a total of 2,819 patents in 2020, up 4 percent from 2019 and far outpacing any other automaker in the United States.
"We are pleased to have expanded our patents across a wide range of advanced technology fields over the last year and especially proud of the incredible accomplishments of our team members," said Frederick Mau, Intellectual Property Counsel and Director of Patent Licensing for Toyota Motor North America. "Innovation across Toyota is driving our transition to a mobility company, and Toyota's leading patent portfolio is one important measure of that progress along with our investments in research, collaboration and partnerships."
Toyota continues to invest heavily in its robust research and development pipeline and has received more than 1,400 patents related to autonomous vehicle technology since 2003. Every hour, Toyota invests over
About Toyota
Toyota (NYSE:TM) has been a part of the cultural fabric in the U.S. for more than 60 years, and is committed to advancing sustainable, next-generation mobility through our Toyota and Lexus brands, plus our nearly 1,500 dealerships.
Toyota has created a tremendous value chain and directly employs more than 36,000 in the U.S. The company has contributed world-class design, engineering, and assembly of more than 30 million cars and trucks at our 9 manufacturing plants, 10 including our joint venture in Alabama that begins production in 2021.
To help inspire the next generation for a career in STEM-based fields, including mobility, Toyota launched its virtual education hub at www.TourToyota.com with an immersive experience and chance to visit many of our U.S. manufacturing facilities. The hub also includes a series of free STEM-based lessons and curriculum through Toyota USA Foundation partners, virtual field trips and more. For more information about Toyota, visit www.toyotanewsroom.com.
Media Contacts
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SOURCE Toyota Motor North America
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